Consider the following data for two products of Vigano Manufacturing Activity Machine setup Parts handling Quality inspections. Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost Activity Driver $ 11,000 (20 machine setups) 8,800 (16,000 parts) 13,200 (100 inspections) $ 33,000 Product A 1,100 units $ 21 per unit Product B 220 units 5 31 per unit $ 41 per unit 2 per unit $ 51 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 2.750 direct labor hours, compute the total product cost per unit for each product 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost. (a) compute overhead activity rates. (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each Actual Activity Usage Setups Parts Inspections Product A 8 setups 10,000 parts Product B 40 Inspections 12 setups 6,000 parts 60 inspections Complete this question by entering your answers in the tabs below. Che a. Compute overhead activity rates Activity Activity Rate Machine setup Parts handling per setup per part Quality inspection per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Activity Machine setup Parts handling Quality inspection Total allocated cost Units produced Overhead cost per unit Allocated Cost Product A Product B c. Product cost per unit using activity-based costing Per Unit Product A Product B Product Cost per Unit 10 0 Required 1 Required 2 Using a plantwide overhead rate based on 2,750 direct labor hours, compute the total proc Per Unit Product A Product B Direct Materials Direct Labor Overhead Product Cost per Unit